Debt instruments, funding costs remain in focus as Reits report Q1 earnings
HIGHER cost of funding is likely to continue to weigh on distributions for Singapore-listed real estate investment trusts (S-Reits) in the upcoming reporting season.
Analysts told The Business Times that operational performance for Reits is expected to stay resilient, but distributions per unit (DPU) are likely to remain under pressure from financing costs.
They remain focused on debt instruments on Reits’ balance sheets to monitor the impact of the higher rate environment.
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